this is for my girlfriend and I iam 25 she's 24 we have a kid, this policy is under her name and i'm on the policy as a rider.

is statefarm selling me to much coverage.

this is what i have from statefarm for insurance

bodily injury and property damage liabiility limits $50000/$100000/$50000
medical coverage $1000
COMPREHENSIVE $500 DEDUCTIBLE
COLLISION $500 DEEDUCTIBLE
UNINSURED / UNDERINSURED $50000/$100000

CAN someone look through this and see iif i have too much coverage,

i do have health insurance that will cover me if i get in an accident.

do i need the medical coverage? that cost me 100 dolllars extra


this is what i pay seems they are ripping me off, we both have squeaky clean record no tickets at all, and have my crv under them too.
should i switch agents cause i pay 875 for the crv for 6 months and 650 for 12 month on the yzfr6

bodily and property damage liability 86.81
medical payment coverage 91.20
comprehensive deductible 61.73
collision 236.29
uninsured/ underinsured 174.17

i think i being ripped off this doesn't seems right.



Modified by tvrsir at 10:32 AM 8/10/2005

 

i have state farm as well, and i think thats exactly like my policy, except i have a 250$ deductible.

I only pay $218 a year for that policy, so i never thought about it being over coverage. The $1000 med they put on mine cost me like $2.75 a month.

 

That is not too much coverage. There can never be too much coverage when it comes to bikes, especially medical. A simple bone break can sometimes costs upwards of $50k. You also want a high uninsured motorist just incase someone hits you and runs or they dont have insurance. You can be SOL (and stuck with **** loads of bills) of you dont have enough coverage in that situation. I have the same amount of coverage but then again, I dont have to worry about a kid.

 

so with medical coverage, does that mean they only gonna pay up to 1000 dollars that's it?

 

uninsured/underinsured is important. a good thing to have in case of a wreck that isn't your fault and either they don't have insurance or they have the $25k legal minimum (or whatever it may be in your state). $25,000 doesn't get ya very far these days.

 

You're bitching about $650 for a year? ROFL.

Don't forget your health insurance has a deductible and often co-insurance you have to pay (i.e. 5% of total bill) when you use it.

 

I wouldn't call that overcovered at all.

I have 150,000/300,000/150,000, 100,000 uninsured motorist, and I am single.

I pay $535 per year for this coverage on my motorcycle.

 

CAN I ask you from what insurance and how old are you?
well it seems kinda high for what my other firends are paying for the same coverage, they pay between 350-500 and their driving record is no where near as good as mine. that why i'm asking.

it not a matter of how much, it matter of if i'm being ripped or not. should i call another agent and ask for a quote or will they know i already have insurance through statefarm?